S&P 500, Nasdaq gain after jobs data boosts December rate-cut bets
The S&P 500 and the Nasdaq hit intraday record highs on Friday as traders increased bets on a Federal Reserve rate cut this month following robust November nonfarm payrolls data, while a drop in UnitedHealth shares weighed on the Dow.
The U.S. added 227,000 jobs in November, setting in motion potential Fed rate cuts in December
The job market remains stable but isn’t growing substantially. This may lead to more interest rate cuts when the Fed meets in December.
Why Powell and the Fed should pause interest-rate cuts in December
The conventional wisdom among economists and traders is that the Federal Reserve is going to cut its benchmark interest rate by another quarter of a percentage point on Dec. 18, and then pause at its first meeting in 2025.
Fed Leans Toward A December Interest Rate Cut
The Federal Open Market Committee is most likely to cut interest rates again to 4.25% to 4.5% on December 18 according to fixed income markets.
US job growth rebounds in November; unemployment rate ticks up
U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate to 4.2% pointed to an easing labor market that should allow the Federal Reserve to cut interest rates again this month.
U.S. adds 227,000 jobs, unemployment ticks up 0.1 percent
U.S. job creation in November rebounded from a near-standstill the prior month as the effects of a significant labor strike and violent storms in the Southeast receded, the Bureau of Labor Statistics reported Friday.
US job growth surged in November, adding 227,000 jobs
Job growth surged in November, an expected rebound after hurricanes and striking workers heavily distorted the October data.
Fed Official Says the Time for a Pause in Rate Cuts Seems Near
For many investors, Friday's jobs report confirmed expectations that the Federal Reserve is on track to cut interest rates ...
Jobs Data Should Cement a Rate Cut. What’s Uncertain Is Everything Else.
November payrolls were slightly ahead of expectations, with a slight decline in the participation rate for over-65ers. But ...
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Fed minutes may show start of debate over how far to go on rate cuts
His comments contributed to what has been a steady slip in market expectations for a rate cut next month, with a ...
Stock market today: Nasdaq, S&P 500 pop to strong weekly gains after jobs report boosts Fed rate cut odds
The last nonfarm payrolls report of 2025 gives a gut check on the labor market and economy ahead of the Fed's December policy ...
Fed's Hammack says time to slow rate cuts may have arrived
In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her ...
Inflation Is Stubborn And Jobs Are Plentiful. So Why Does Everyone Expect Rate Cuts?
Inflation stayed stubborn, and the job market bounced back in recent reports, but not enough to derail market expectations ...
Hammack Says Fed ‘At or Near’ Point of Slowing Rate Cuts
Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are “at or near” the point where the central bank ...
S&P 500, Nasdaq rise with consumer discretionary shares, rate cut bets
The S&P 500 and the Nasdaq rose on Friday following upbeat forecasts from Lululemon Athletica and other companies and as ...